725 Point Nepean Road, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
 
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725 Point Nepean Road
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 500m2
Land area: 1845m2
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Property Details for 725 Point Nepean Rd, Mccrae

Building Type
Commercial
Floor Size
500m2
Land Size
1845m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS519542

Last Listing description (February 2025)

This property boasts a prime location on Point Nepean Road, offering exceptional exposure to high volumes of passing traffic. Situated just 130 meters* from McCrae beach, the site spans a substantial land area of 1,856m2* with an impressive 45 meter* frontage to the road.

The current improvements consist of a single level building with a total area of 650m2*, featuring a spacious showroom, partitioned offices, amenities, and a rear workshop capable of accommodating up to 15 vehicles.

The property is zoned Commercial 1, making it ideal for a range of commercial uses. Additionally, it is situated in close proximity to a variety of amenities, including cafes/restaurants, Coles, new residential developments, motels, Rosebud Hospital, and Rosebud Primary School.

*Approx.

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Property History for 725 Point Nepean Rd, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$2,800,000
06 Dec 2018
Listed for Rent
$2.30k/w
01 May 2023
  • 01 May 2023
    Listed for Rent - Price not available
  • 03 Aug 2020
    Listed for Rent - Price not available
  • 06 Dec 2018
    Sold for $2,800,000
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About Mccrae 3938

The size of Mccrae is approximately 4.3 square kilometres. It has 8 parks covering nearly 23.8% of total area. The population of Mccrae in 2016 was 2823 people. By 2021 the population was 3311 showing a population growth of 17.3% in the area during that time. The predominant age group in Mccrae is 60-69 years. Households in Mccrae are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mccrae work in a professional occupation.In 2021, 80.70% of the homes in Mccrae were owner-occupied compared with 77.00% in 2016.

Mccrae has 2,586 properties. Over the last 5 years, Houses in Mccrae have seen a 34.25% increase in median value, while Units have seen a 26.56% increase. As at 30 November 2025:

  • The median value for Houses in Mccrae is $1,054,277 while the median value for Units is $816,924.
  • Houses have a median rent of $650 while Units have a median rent of $690.
There are currently 25 properties listed for sale, and 1 property listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 95 properties were sold in the past 12 months in Mccrae.

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